🚨 Market Update - 👀
Bitcoin is still facing 4hr resistance at $119.5k, rejecting exactly from the Previous Monday High. The move up to test the resistance yesterday created some untested demand around $118k so we are looking to see if this holds throughout the day.
If this is lost, then the chances of retesting $116k / $117k this week increases. Any 4hr close above $120k then we can expect to visit $123k-$125k within the next few days.